This story originally appeared on Zacks City Office REIT, Inc. CIO closed the acquisition of Bloc 83, a premier two-building complex of office and street-level retail in downtown Raleigh, NC, for a gross purchase price of $330 million. The buyout of this newly-built Class A, 494,487 square foot asset will strengthen CIO’s footprint in the…
This story originally appeared on Zacks Shares of Zumiez Inc. ZUMZ have surged 34.5% in the past year, thanks to its robust business strategies and solid fundamentals. ZUMZ seems well-poised to cash in on the trends in the apparel space, backed by its one-channel concept and advanced in-store fulfillment capabilities. Its consumer-centric strategy bodes well…
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This story originally appeared on Zacks For investors looking for momentum, iShares Core U.S. REIT ETF USRT is probably a suitable pick. The fund hit a 52-week high and is up 47.1% from its 52-week low price of $46.28/share. – Zacks Let’s take a look at the fund and its near-term outlook to gain an insight…
This story originally appeared on Zacks Three key China-based smart electric vehicle (EV) companies, namely NIO Inc. NIO, Li Auto LI and XPeng Inc. XPEV recently came up with their yearly and quarterly updates for 2021.Let’s look at the deliveries that each company completed and the records that each broke or set.NIO Inc.’s vehicle delivery…
This story originally appeared on Zacks Last year surprised many investors as 2021 was the inverse of 2020 with respect to leading market sectors. The three worst-performing S&P sectors in 2020 (energy, financials, and real estate) reversed course last year and were the three best performers as we can see below. – Zacks Image Source:…
Morgan Stanley MS has agreed to pay $60 million as fine to settle a lawsuit by its customers. The lawsuit alleged that the investment bank had failed twice to correctly rescind some of its outdated information technology that exposed customers’ personal data. The news was reported by Reuters. – Zacks Per the same article, the…
This story originally appeared on Zacks Alphabet’s GOOGL division Google has been firing on all cylinders to expand presence in the cloud gaming space, backed by the growing initiatives for its game streaming platform Stadia.Alphabet recently added five games titled Darksiders III, The Darkside Detective: A Fumble in the Dark, Bloodstained: Ritual of the Night,…
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This story originally appeared on Zacks For Immediate ReleaseChicago, IL – December 30, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apple Inc. AAPL,…
